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Author Topic: Is this the right time to sell LTC?  (Read 100627 times)

Offline SmartGold01

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Re: Is this the right time to sell LTC?
« Reply #225 on: February 23, 2025, 05:35:48 PM »
I noticed little change on the price LTC during when we gained this year ATH, but I was expecting LTC to soar as BNB because then it was the alternative of people using it to make transactions when ETH gas skyrocketed people were having no alternative before the Introduction of Binance Smart Chain since then till now lot of coin has dominant the market with even more cheaper fee and transactions cost.
With many networks offering cheap gas fees, many users are turning to other networks leaving ethereum. because for me, a small investor, gas fees are the main problem, because the profits I get are small so I don't want to pay expensive gas fees.
Most of the investors who would want to invest on ethereum would never want to invest because other cheaper network has been birth, and of course it's really that painful spending much on a fee. With little investments, most times people do consider their fee and change plans to invest in other more likely coin that has the potential to give them profits they required than going on the network that could consume more of their profits while making transactions, that is why today BNB, TRX, Sol and polygon has taken the space due to their low network fees.

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Re: Is this the right time to sell LTC?
« Reply #225 on: February 23, 2025, 05:35:48 PM »

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Re: Is this the right time to sell LTC?
« Reply #226 on: April 19, 2025, 03:21:52 AM »
I have never owned Litecoin and I have never bought Litecoin but if I was given free Litecoin then I would accept it happily. Then I will sell it directly when the price of Litecoin is going up or green which means the price of Bitcoin is also going up.
It is simple to trade Litecoin because almost all cryptocurrencies are the same, namely fluctuating. Anticipation from the start for Litecoin is to buy when it is red and sell when it is green. And a strong mentality to hodL when it is green and don't be greedy when Litecoin is green that's when to sell.
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Re: Is this the right time to sell LTC?
« Reply #226 on: April 19, 2025, 03:21:52 AM »

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Offline sampoerna

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Re: Is this the right time to sell LTC?
« Reply #227 on: April 26, 2025, 11:55:31 PM »
I have never owned Litecoin and I have never bought Litecoin but if I was given free Litecoin then I would accept it happily. Then I will sell it directly when the price of Litecoin is going up or green which means the price of Bitcoin is also going up.
Well, I personally bought it because at that time, LTC was still very popular and became one of the most trusted coins. and fortunately I have managed to take profits from some of it. It's just that, my mistake was hoping that LTC would skyrocket even further and some friends said so too. So I still held it. Without me understanding further, it turned out that the price of LTC dropped further as the bearish season progressed.

and now, the market is starting to rise again, there are not many demands or expectations that are too high. I just really hope that at least the price of LTC can really return to $250, I will be very happy.

If you look at the graph, it should be possible, indeed to reach ATH at $412 it will be very difficult to do. but at least, if it can rise close to that, it will be very profitable for investors who have been holding the coin for a long time.
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Offline kai

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Re: Is this the right time to sell LTC?
« Reply #228 on: April 28, 2025, 06:29:51 AM »
355 dollars is all time high litecoin and now the price of Litecoin is around 85.1 dollars, I do not recommend for those who hodl from the price of 355 dollars to sell now and it must be a big loss.
Maybe hodl is the best choice but there is also pain because you have to wait a long time when the price of 85 dollars still feels far from the price of 355 dollars.

If only Litecoin was obtained for free, for example in 1 week 1 Litecoin that can be sold because it is a free coin and free funds.
No need to wait for it to go up to the price of 355 dollars if we get free Litecoin, sell the instant and just withdraw it to an account for us to use in the real world. For example , the cost of the trip to the beach was the result of free Litecoin.
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